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Gold mine discovered in Iran

Business Materials 15 May 2016 15:42 (UTC +04:00)

Baku, Azerbaijan, May 12

By Farhad Daneshvar - Trend:

Iranian miners have discovered a gold mine in the south-eastern province of Sistan and Baluchestan.

Nader Mirshekar, the head of the provincial office of the industry, mine & trade organization, has said the mine contains an estimated deposit of 4.5 tons of gold, TASNIM news agency reported.

Exploration operations near Khash Town revealed the mine, Mirshekar added.

Calling for further explorations in Sistan and Baluchestan, the official added that the province contains a variety of mineral deposits.

Iran possesses seven percent of the world's total mineral deposits with about sixty eight kinds of commercially valued minerals including gold reserves. The volume of Iran's minerals is estimated at 57 billion tons.

The Islamic Republic is among 10 major mineral-rich countries and it is situated in the area of metallic and non-metallic minerals such as gold and copper.

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